The sit-in in Chicago-by laid-off employees of Republic Windows & Doors who were given only three days notice that their plant was closing and...
The sit-in in Chicago-by laid-off employees of Republic Windows & Doors who were given only three days notice that their plant was closing and no severance pay-is over.The Los Angeles Times reports:Workers will receive about eight weeks' severance pay, accrued vacation time and two months of healthcare coverage, officials said. About $1.75 million will be put into an escrow account to be supervised by the workers' union."The occupation is over. We have achieved victory," said United Electrical Workers President Armando Robles. "We said we will not go until we get justice, and we have it."Bank of America is providing the bulk of the cash for the deal, which seems fair because it caused the plant to close in the first place by cutting off funds to Republic. And that after getting a $15 million bailout from the U.S. government (i.e. taxpayers) in October.